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Convoy raises $400 million to expand its on-demand trucking platform

Convoy raises $400 million to expand its on-demand trucking platform

FromTechCrunch Industry News


Convoy raises $400 million to expand its on-demand trucking platform

FromTechCrunch Industry News

ratings:
Length:
4 minutes
Released:
Nov 18, 2019
Format:
Podcast episode

Description

Convoy, the digital freight network that connects truckers with shippers, has raised $400 million in a Series D funding round as it aims to scale its business amid an increasingly competitive market. The funding round brings Convoy’s post-money valuation to $2.75 billion. The round was co-led by Generation Investment Management and previous Convoy investor T. Rowe Price Associates.
Released:
Nov 18, 2019
Format:
Podcast episode

Titles in the series (100)

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